About Mindbody
Mindbody is a company based in San Luis Obispo (United States) founded in 2001 was acquired by Vista Equity Partners in December 2018.. Mindbody has raised $118.01 million across 10 funding rounds from investors including Bessemer Venture Partners, FJ Labs and W Capital Partners. Mindbody has completed 8 acquisitions, including Booker, Bowtie Labs and ClassPass. Mindbody offers products and services including Mindbody App, Payments System, and Marketing Tools. Mindbody operates in a competitive market with competitors including Virtuagym, Glofox, Care Line Live, WellnessLiving and Fitbudd, among others.
- Headquarter San Luis Obispo, United States
- Stage Public
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Sectors
HealthcareTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Mindbody, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$118.01 M (USD)
in 10 rounds
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Latest Funding Round
$5 M (USD), Series D
Mar 18, 2019
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Investors
Bessemer Venture Partners
& 7 more
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Employee Count
Employee Count
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Investments & Acquisitions
Booker
& 7 more
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Acquired by
Vista Equity Partners
(Dec 24, 2018)
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IPO & Listings of Mindbody
Mindbody is a publicly listed company on the NASDAQ with ticker symbol MB in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Mindbody
Mindbody offers a comprehensive portfolio of products and services, including Mindbody App, Payments System, and Marketing Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for clients to book fitness and wellness classes
Tool for processing and tracking business payments
System for creating automated marketing campaigns
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Funding Insights of Mindbody
Mindbody has successfully raised a total of $118.01M across 10 strategic funding rounds. The most recent funding activity was a Series D round of $5 million completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series D — $5.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Series D - Mindbody | Valuation |
investors |
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| Apr, 2015 | Amount | Series D - Mindbody | Valuation |
investors |
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| Feb, 2015 | Amount | Series D - Mindbody | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mindbody
Mindbody has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, FJ Labs and W Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Growth in technology companies is supported through venture capital.
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Founded Year | Domain | Location | |
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Investment management firm which invests in direct secondary market
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mindbody
Mindbody has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Booker, Bowtie Labs and ClassPass. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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A chatbot concierge is developed for New York City services.
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2016 | ||||
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Online marketplace for fitness classes and wellness centers is operated.
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2016 | ||||
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Provider of software development, quality assurance, IT advisory, and project management services
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Mindbody
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mindbody Comparisons
Competitors of Mindbody
Mindbody operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Virtuagym, Glofox, Care Line Live, WellnessLiving and Fitbudd, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online workout plans and nutrition tracking are offered to users.
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| domain | founded_year | HQ Location |
Provider of gym and studio management software and custom mobile apps
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| domain | founded_year | HQ Location |
Cloud-based platform for home care scheduling and management is offered.
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| domain | founded_year | HQ Location |
Provider of all-in-one business management software for wellness businesses
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| domain | founded_year | HQ Location |
Cloud-based platform for client management in personal training.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mindbody
Frequently Asked Questions about Mindbody
When was Mindbody founded?
Mindbody was founded in 2001 and raised its 1st funding round 4 years after it was founded.
Where is Mindbody located?
Mindbody is headquartered in San Luis Obispo, United States. It is registered at San Luis Obispo, California, United States.
Is Mindbody a funded company?
Mindbody is a funded company, having raised a total of $118.01M across 10 funding rounds to date. The company's 1st funding round was a Series D of $1.5M, raised on Jun 01, 2005.
What does Mindbody do?
Mindbody was founded in 2001 in San Luis Obispo, United States, within the software-as-a-service sector. Business management solutions are offered to beauty salons and fitness centers, enabling the handling of classes, appointment schedules, staff details, client records, online bookings, inventory, payroll, and retail sales. A platform is also provided for users to book home workouts through a virtual assistant.
Who are the top competitors of Mindbody?
What products or services does Mindbody offer?
Mindbody offers Mindbody App, Payments System, and Marketing Tools.
Is Mindbody publicly traded?
Yes, Mindbody is publicly traded on NASDAQ under the ticker symbol MB.
How many acquisitions has Mindbody made?
Mindbody has made 8 acquisitions, including Booker, Bowtie Labs, and ClassPass.
Who are Mindbody's investors?
Mindbody has 8 investors. Key investors include Bessemer Venture Partners, FJ Labs, W Capital Partners, IVP, and Catalyst Investors.
What is Mindbody's ticker symbol?
The ticker symbol of Mindbody is MB on NASDAQ.
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